Thursday, April 17, 2014

Three Black Crows Candlestick Pattern

What is Three Black Crows?

Three Black crows is a forex bearish reversal candlestick pattern. It reverses the market bias from an uptrend to a downtrend.

How does Three Black Crows look like?

It consists of three middle-sized bearish candlesticks (red ones). They occur during an uptrend.

How can I trade with Three Black Crows?

Three Black Crows is a reversal candlestick pattern, this means it changes the direction of the market from an uptrend to a downtrend. So you are basically going to sell or at least going to be looking for selling opportunities.

Post a Comment

Pleas Comments And place ADD

News

Risk Warning

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial adviser if you have any doubts.